BKIEA has been engaged in the hotel industry. It has owned two historic hotels in Ethiopia and a third new international brand hotel is under construction.
- Ethiopia Hotel
BKIEA acquired Ethiopia Hotel and Adama Ras Hotel in 2009 from Ethiopian Privatization Agency with aggregate investment of ETB 134 million through the process of competitive bidding. The historic Ethiopia Hotel was established to host the participants of the Organization of African Unity (OAU) in 1963. It is situated in the commercial hub of Addis Ababa. The hotel provides excellent service with 212 dedication professionals and support staff. Addis Ababa city administration has accepted the redevelopment of this historic hotel. Through this redevelopment project, a new five star Ethiopia Hotel come into existence.
1.2 Adama Ras Hotel
It is one of famous hotels located in Adama city, Oromia Regional State. This historic hotel was established in 1960s by a French national. BKIEA owned has this hotel through competitive bidding from the Ethiopian Privatization Agency. Currently the hotel provides service with 161 professionals and support staff.
Through an expansion project a 6 story mixed use building has been completed in the campus of Adama Ras hotel. Another 7 story building for the hotel is under construction to upgrade the hotel to a four star rating level.
- Bahir Dar Hilton Hotel
The third hotel is under construction with investment of around 1 Billion Birr. Bahir Dar Hilton Hotel, which is under construction, is already going to be managed by the famous global hotel brand “Hilton”. The finishing work of the hotel building will be carried out by international contractor. All design and construction works are supervised and monitored by Hilton International according to the agreement reached between Belayneh Kindie and Hilton International Hotels. The structural construction work of the building is 95 percent completed.